Balfour Beatty sells infra stake to Kuwaiti group amid spin-off
The UK developer's $618m fund has made investments that include solar power, marine transportation and energy utilities in Europe and the US.
Lexington buys Scottish Equity VC stakes
The secondaries firm acquired the two stakes from German foundation Max Planck and Royal London Mutual Insurance Society.
Rothschild picks up Spanish tail-end stake
The banking group's Five Arrows Secondary Opportunities unit acquired the interest using its third secondaries fund which was almost fully invested as of November.
LGT buys tail-end stake from Pantheon and Diageo
Sales of stakes in tail-ends – mature funds which often hold a handful of portfolio companies – are expected to increase as a percentage of the secondaries market this year.
Old Mutual acquires Landmark
OM Asset Management has purchased a majority stake in the secondaries firm less than two months after former owner Religare sold its interest.
Lexington sells tail-end European portfolio to Willowridge
The purchase included stakes in at least seven private equity funds managed by some of Europe's top firms including 3i, IK Investment Partners and Cinven.
Missouri pension seeks advisor for portfolio sale
The state employees’ retirement system is mulling a sale from its $2bn illiquid assets portfolio.
SLEPET picks up stake in TowerBrook III
The interest in TowerBrook's 2008-vintage fund was SL Capital Partners' listed vehicle's sole secondaries purchase during the last six months.
Partners buys European portfolio from Santander
The Spanish bank’s private equity arm has offloaded stakes in PAI Partners, EQT and August Equity-managed funds amid expectations financial institutions will return as sellers this year.
OPERS committed $400m to Strategic Partners’ CalPERS deal
The Ohio retirement system has emerged as a co-investor in the Blackstone unit's fund which was set up to acquire real estate stakes from the California pension.